Sumter County, FL

2024 Fair Market Rents

Tags: 2024 The Villages, FL MSA

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The top four largest cities in Sumter County are Wildwood, Bushnell, Lake Panasoffkee, and Center Hill. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Sumter County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Sumter County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Sumter County compare?

Sumter County ($1,250) has a 8% lower FMR for 2-Bedroom housing than the average of Florida ($1,359) and therefore has a lower gross rent.

Sumter County is rank 39th out of 67 counties. This means the FMRs, or in other words, the gross rent is lower than 38 other counties. Sumter County is the 29th cheapest county in terms of FMRs.

Rent Tables Sumter County, FL

Fair Market Rent (40th Percentile)

$945
studio
$951
1-Bedroom
$1,250
2-Bedroom
$1,572
3-Bedroom
$1,665
4-Bedroom

Median Rent (50th Percentile)

$1,039
studio
$1,046
1-Bedroom
$1,374
2-Bedroom
$1,728
3-Bedroom
$1,830
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
32163 $1,210 $1,280 $1,460 $1,860 $2,260
32163 $1,210 $1,280 $1,460 $1,860 $2,260
33513 $860 $870 $1,140 $1,430 $1,520
33514 $870 $880 $1,150 $1,450 $1,530
33521 $790 $790 $1,040 $1,310 $1,390
33538 $830 $840 $1,100 $1,380 $1,460
33585 $800 $810 $1,060 $1,330 $1,410
34785 $960 $970 $1,270 $1,600 $1,690
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
32163 $1,089 $1,152 $1,314 $1,674 $2,034
32163 $1,089 $1,152 $1,314 $1,674 $2,034
33513 $774 $783 $1,026 $1,287 $1,368
33514 $783 $792 $1,035 $1,305 $1,377
33521 $711 $711 $936 $1,179 $1,251
33538 $747 $756 $990 $1,242 $1,314
33585 $720 $729 $954 $1,197 $1,269
34785 $864 $873 $1,143 $1,440 $1,521
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
32163 $1,331 $1,408 $1,606 $2,046 $2,486
32163 $1,331 $1,408 $1,606 $2,046 $2,486
33513 $946 $957 $1,254 $1,573 $1,672
33514 $957 $968 $1,265 $1,595 $1,683
33521 $869 $869 $1,144 $1,441 $1,529
33538 $913 $924 $1,210 $1,518 $1,606
33585 $880 $891 $1,166 $1,463 $1,551
34785 $1,056 $1,067 $1,397 $1,760 $1,859

Fair Market Rents on this page apply to the following cities in Sumter County, Florida: Wildwood, Bushnell, Lake Panasoffkee, Center Hill, Sumterville, Coleman, and The Villages.

These Fair Market Rents also apply to the following ZIP codes in Sumter County, Florida: 34785, 33513, 33538, 33514, 33585, 33521, and 32163.

Sumter County, FL is considered part of the following metro FMR area: THE VILLAGES, FL MSA.

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Data Source

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Fair Market Rents are published by the Department of Housing And Urban Development.